DXCM · 10-Q · 2026Q3 · Full report

Market Demand Trends

DEXCOM INC · 2026-10-29 · Importance 26 · Surprise 40

Dexcom attributed revenue growth to increased disposable-sensor sales volume and continued growth of its worldwide customer base. The company added approximately 600,000 to 700,000 net customers, excluding Stelo customers, in 2025. Nine-month growth also benefited from higher revenue per customer, primarily due to payor mix and utilization, partly offset by channel and product mix and rebate eligibility.

Key facts

• Dexcom added approximately 600,000 to 700,000 net worldwide customers in 2025, excluding Stelo customers. source
• Dexcom's third-quarter 2026 revenue increase was primarily driven by increased disposable-sensor sales volume due to continued growth of its worldwide customer base. source
• Dexcom typically experiences seasonality, with lower sales in the first quarter than the immediately preceding fourth quarter, related to U.S. annual insurance deductible resets and unfunded flexible spending accounts. source